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Jan 1, 2013
01/13
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they want to lear from joe biden or one of his representatives. how did you arrive at this deal and what does it mean for us. you're watching for senators idea logical senators on both sides of this deal, liberals up set that the income threshold at 450, conservatives up set that there are no spending cuts in this deal t is all revenue. will somebody slow it down and block it. you have to watch it on the stat side because that pushes the senate over the cliff too. on the house side, once they're aware of what this deal is, how many votes can john boehner get on the republican side until you get to 218 through any combination of republican and democratic votes at this point. >> woodruff: not much celebrating tonight in the capitol. or at the capitol itself. todd zwillich, thank you very much. >> always a pleasure, judy. >> still to come on the newshour >> suarez: still to come on the newshour, causes and treatments for blood clots; a look back at the presidential race; building jobs skills while in high school; the emancipation proclamation; and 20
they want to lear from joe biden or one of his representatives. how did you arrive at this deal and what does it mean for us. you're watching for senators idea logical senators on both sides of this deal, liberals up set that the income threshold at 450, conservatives up set that there are no spending cuts in this deal t is all revenue. will somebody slow it down and block it. you have to watch it on the stat side because that pushes the senate over the cliff too. on the house side, once...
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Dec 31, 2012
12/12
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they want to lear from joe biden or one of his representatives. how did you arrive at this deal and what does it mean for us. you're watching for senators idea logical senators on both sides of this deal liberals up set that the income threshold at 450 conservatives up set that there are no spending cuts in this deal t is all revenue. will somebody slow it down and block it. you have to watch it on the stat side because that pushes the senate over the cliff too. on the house side, once they're aware of what this deal is, how many votes can john boehner get on the republican side until you get to 218 through any combination of republican and democratic votes at this point. >> woodruff: not much celebrating tonight in the capitol. or at the capitol itself. todd zwillich thank you very much. >> always a pleasure, judy. >> still to come on the newshour >> suarez: still to come on the newshour, causes and treatments for blood clots; a look back at the presidential race; building jobs skills while in high school; the emancipation proclamation; and 2012
they want to lear from joe biden or one of his representatives. how did you arrive at this deal and what does it mean for us. you're watching for senators idea logical senators on both sides of this deal liberals up set that the income threshold at 450 conservatives up set that there are no spending cuts in this deal t is all revenue. will somebody slow it down and block it. you have to watch it on the stat side because that pushes the senate over the cliff too. on the house side, once they're...
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Jan 1, 2013
01/13
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for biden is coming. so, we're following every minute. the light is still on in congress and we're still here at "special report." the panel is coming up. ♪ i wish my patients could see what i see. ♪ that over time, having high cholesterol and any of these risk factors can put them at increased risk for plaque buildup inheir arteries. so it's even more important to lower their cholesterol, and that's why, when diet and exercise alonaren't enough, i prescribe crestor. in a clinical trial versus lipitor, crestor got more high-risk patients' bad cholesterol to a goal of under 100. [ female announcer ] crestor is not right for everyone. like people with liver disease or women who are nursing, pregnant or may become pregnant. tell your doctor about other medicines yore taking. ll your doctoright away if you have muscle pain or weakness, feel unusually tired, have loss of appetite, upper belly pain, dark urine or yellowing of skin or eyes. these could be signs of rare but serious side effects. ♪ is your cholesterol at goal? talk to youdoc
for biden is coming. so, we're following every minute. the light is still on in congress and we're still here at "special report." the panel is coming up. ♪ i wish my patients could see what i see. ♪ that over time, having high cholesterol and any of these risk factors can put them at increased risk for plaque buildup inheir arteries. so it's even more important to lower their cholesterol, and that's why, when diet and exercise alonaren't enough, i prescribe crestor. in a clinical...
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Jan 1, 2013
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that is exactly what vice president biden is hearing right now. the key question is how deep and how broad that is. it will be interesting to see whether they come out of this meeting thinking that they need to rewrite a couple of points in the bill which would put off any deal tonight yet again. if they have to go back to republicans because of what they are hearing in the room that is bad news fora deal and you suspect the longer this goes on the more likely that is what is being discussed. >> bret: i agree with you. this is actually a long meeting at 10:40 when you are supposed to potentially move legislation to the senate floor tonight to take action potentially for the house to act tomorrow. stephen dinal with the washington times. thank you very much. i'm getting a lot of tweets from people who just are tired of fiscal cliff coverage. they just want to see megyn kelly and bill in times square dancing gangnam style or whatever they are doing. >> happy new year. >> take me out of fiscal cliff, washington. >> see yew in a minute, bret. happy ne
that is exactly what vice president biden is hearing right now. the key question is how deep and how broad that is. it will be interesting to see whether they come out of this meeting thinking that they need to rewrite a couple of points in the bill which would put off any deal tonight yet again. if they have to go back to republicans because of what they are hearing in the room that is bad news fora deal and you suspect the longer this goes on the more likely that is what is being discussed....
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Jan 1, 2013
01/13
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vicee president joe biden in a vvsit toothe capitol monday pnghtt..explaining the pact he pegotiated with senate minority leader mitcc mcconnnll. prior to thhe he felt confident about the d - deaa but stayed aaay from making any firm predictions. vice president biden "...having been in the sennte as long as i have, there's two things you ssouldn't do: you &psenate's oing to vote before lot of money. and number two: you surely shouldn't redict how the house is goong to vote. but i ffellvery, very good..." i passed by theehouse, the deal would sttp mostttax increasee and spending cuts aimed at the pentagon andddomestic reid / (d-nv)"...i've said all along the ost important priority is to protect middle class families. this class families will wake up today to the asurrnce that their taxes wwn't go up..." democratic senator tom sen. tom harkin / (d-ia)"...it doessnot address numbee onn class jobs now // secondly, for tte countryyto meet its needs..." republican senate minority leader mitch got everything it wanttd.sen. mitch mcconnell (r-ky) / minority leaddr"...so it took an imperfect
vicee president joe biden in a vvsit toothe capitol monday pnghtt..explaining the pact he pegotiated with senate minority leader mitcc mcconnnll. prior to thhe he felt confident about the d - deaa but stayed aaay from making any firm predictions. vice president biden "...having been in the sennte as long as i have, there's two things you ssouldn't do: you &psenate's oing to vote before lot of money. and number two: you surely shouldn't redict how the house is goong to vote. but i...
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Dec 24, 2012
12/12
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. >> they launched effort to curb gun violence putting biden in charge of a commission to spearhead that effort pursuing the policy changes. now to talk about that, joining us from austin, texas, karl rove, former senior advisor to president george w. bush. and joe trippi, democratic strategist who points out he was right a lot in 2012. thank you for joining us. talk about the way forward here, karl. how about this commission. how they push forward in washington, the current environment. >> there will be a lot of interest to do something immediately. senator feinstein said that she will reintroduce the assault weapons ban, the first day that congress is back in session in january. commission is a good idea provided it has bipartisan membership and gun control supporters and gun control opponents on it to look at this as a comprehensive issue. we have to be careful moving too quickly. yet, we have to have a comprehensive approach on the commission. i commend the president doing the commission. this could be way to find consensus about useful steps to take. >> joe, what are the key factors
. >> they launched effort to curb gun violence putting biden in charge of a commission to spearhead that effort pursuing the policy changes. now to talk about that, joining us from austin, texas, karl rove, former senior advisor to president george w. bush. and joe trippi, democratic strategist who points out he was right a lot in 2012. thank you for joining us. talk about the way forward here, karl. how about this commission. how they push forward in washington, the current environment....
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Dec 31, 2012
12/12
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mitch mcconnell and joe biden in talks. we will move to the jump page on some of the sticking points in this. democrats oppose it to let the tax cuts expire on incomes over $450,000 a year. host: that from inside "the washington post." ed is on the phone from michigan. good morning to you. caller: good morning, c-span. i have listened to some of what the democrats have said. the way i look at it -- if the rich, if they are worried about 3% raise, one of the middle class and the poor or about the same raise? is it your patriotic duty to pay taxes? if the poor are concerned about their money going down, a lot of energy regulations are coming into effect that will cost electric costs to co-op which will affect the poor just as badly as it is the rich? host: mark from ohio, good morning. caller: all the power was taken from the epa and given to the nra. there is no fiscal cliff. there was another so-called fiscal cliff in 2008. give money to the billionaires and banks. when eisenhower took office, he gutted the military. taxes
mitch mcconnell and joe biden in talks. we will move to the jump page on some of the sticking points in this. democrats oppose it to let the tax cuts expire on incomes over $450,000 a year. host: that from inside "the washington post." ed is on the phone from michigan. good morning to you. caller: good morning, c-span. i have listened to some of what the democrats have said. the way i look at it -- if the rich, if they are worried about 3% raise, one of the middle class and the poor...
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Dec 28, 2012
12/12
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KGO
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. >> reporter: vice president biden made a rare appearance in the senate, not to negotiate -- >> i do. >> congratulations, senator. >> reporter: but to swear in a new democratic senator from hawaii. a vote the white house will need if the senate ever gets around to voting on a plan to avert the fiscal cliff. in the house, even less going on. the only hopeful words, from the house chaplain, looking for some divine help. >> as this chamber lies silent, still, we pray for hope. >> reporter: without agreement soon, nearly everybody takes a hit. a schoolteacher with two kids and a salary of $43,000, for example, will face a tax hike of more than $3,000. members of congress helped get us into this mess and they'll pay, too. with incomes of $174,000, they'll pay some $7,500 more in taxes. as for the super rich? well, consider basketball phenom lebron james. he makes about $53 million. he could see his taxes go up by more than $2.4 million next year alone. and it's not just taxes. on january 1st, unemployment benefits expire for some 2 million people. and we've just learned the president will
. >> reporter: vice president biden made a rare appearance in the senate, not to negotiate -- >> i do. >> congratulations, senator. >> reporter: but to swear in a new democratic senator from hawaii. a vote the white house will need if the senate ever gets around to voting on a plan to avert the fiscal cliff. in the house, even less going on. the only hopeful words, from the house chaplain, looking for some divine help. >> as this chamber lies silent, still, we pray...
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Jan 1, 2013
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knew how to do it calling in vice president biden. obviously they were able to kind of talk turkey in a way that got things done. i think really elevates his prestige even more. harry reid, again certainly in a position to obstruct something. he didn't. so could he have been more aggressive? perhaps so. i think this is kind of the outcome a lot of members of the senate, house, democrat and republican foresaw. i don't give any bad notes to harry reid on this. heather: okay. basically because he went quiet and stepping into his place and appeared to be vice president joe biden. >> biden is clear winner even eclipsing the president who yesterday almost had what democratic strategists call a leon lett moment. the dallas cowboy who spiked football before he got into the end zone. when the president had obnoxious pep rally before the agreement was reached. joe biden stepped in. he spent many decades in the chamber. he has personal relationship with mitch mcconnell. depends how you view the deal. if you think mcconnell did the right thing he
knew how to do it calling in vice president biden. obviously they were able to kind of talk turkey in a way that got things done. i think really elevates his prestige even more. harry reid, again certainly in a position to obstruct something. he didn't. so could he have been more aggressive? perhaps so. i think this is kind of the outcome a lot of members of the senate, house, democrat and republican foresaw. i don't give any bad notes to harry reid on this. heather: okay. basically because he...
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Dec 29, 2012
12/12
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and biden will see his pay go go up to $231,900. speaker boehner will make $224,600. that's $30,000 more than the pay of senate and house majority and minority leaders. those raises maybe good news for congress. but the rest of america won't be so happy when they see their paycheck next year. it's almost certain that the government will not extend the payroll tax holiday. that means a 2% tax increase for every last one of us. joining me is gerald bernstein, a senior fellow at the center of budget and policy priorities. get the title out. let's get to business. why are we not talking about this? talking about the cliff, but everybody's taxes going up with the payroll tax holiday. >>ith a great question, t.j. an important and underappreciated part of the fiscal cliff. the answer to the why is it really doesn't have any champions. when you hear the list of things people fighting for, estate tax, you hear the unemployment extension, things like that. you don't even hear this listed anymore. i know for a fact that the white house was fighting for this. they understand how
and biden will see his pay go go up to $231,900. speaker boehner will make $224,600. that's $30,000 more than the pay of senate and house majority and minority leaders. those raises maybe good news for congress. but the rest of america won't be so happy when they see their paycheck next year. it's almost certain that the government will not extend the payroll tax holiday. that means a 2% tax increase for every last one of us. joining me is gerald bernstein, a senior fellow at the center of...
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Dec 26, 2012
12/12
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and a former economist for vice president joe biden. and of course nbc's luke russert. luke, i'm starting with you. we just got a statement from speaker boehner and the house leaders. and shock. they are putting it back on the senate. tell us about the statement and where it's going from here. >> it's a fascinating ping-pong match right now. but really with the senate, john boehner, eric cantor with mccarthy and morris are saying is there are two bills the house passed to deal with the fiscal cliff that are now over the united states senate. if the senate wants to do anything with them, amend them and send them back to the house and perhaps the house will act on it. essentially what boehner is saying is we're not making any moves until the senate amends the two bills we passed over or sends a new one. what are in those bills? well, they essentially extend the bush tax cuts permanently for all earners. and then to avert the sequester and other types of cuts, they make what a lot of liberals have called draconian cuts to meals on wheels, food stamps. it goes into discreti
and a former economist for vice president joe biden. and of course nbc's luke russert. luke, i'm starting with you. we just got a statement from speaker boehner and the house leaders. and shock. they are putting it back on the senate. tell us about the statement and where it's going from here. >> it's a fascinating ping-pong match right now. but really with the senate, john boehner, eric cantor with mccarthy and morris are saying is there are two bills the house passed to deal with the...
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Dec 30, 2012
12/12
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when there is a crisis, vice president biden calls. his calls seem to have less influence as time has gone on. host: let's go to lincoln on the republican line. caller: i get in contact with many people are around the world. i have a few friends in egypt and kuwait. i am more worried about my friend in kuwait. is there a possibility iraq might reinvade kuwait anytime soon? guest: no. host: what are the current relationships? guest: understand the question because there are still issues. military lacks the capacity to do anything like that. iraq has no air force. that is one reason is so easy for the iranians to fly through their territory. there was an operation in 2008 in basrah that maliki commanded. the united states military had not provided a lot of support and advisers, he probably would have failed. i do not think maliki has any reason to focus on kuwait. his big concern is syria. he is worried the fall of assad will embolden sunnis and kurds in syrian and iraq and that the correlation of forces will turn against him. that is hi
when there is a crisis, vice president biden calls. his calls seem to have less influence as time has gone on. host: let's go to lincoln on the republican line. caller: i get in contact with many people are around the world. i have a few friends in egypt and kuwait. i am more worried about my friend in kuwait. is there a possibility iraq might reinvade kuwait anytime soon? guest: no. host: what are the current relationships? guest: understand the question because there are still issues....
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Dec 24, 2012
12/12
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especially if vice president joe biden and this inter-agency task force with muster enough support for it? >> it may be that there's more interest in a high capacity magazine ban. now, of course, it's interesting to hear a republican like kay bailey hutchison saying she's willing to look at that time. of course, she's leaving the senate. we haven't heard a lot of talk about high capacity megazeenz from other republicans who will be around. so, you know, the two things, that may have more prospect of passing. the trick with the assault weapons ban is going to be this. there was one ten years ago. there's no agreement on whether it was effective or not. the advocates say it was. some studies say it's hard to describe whether there's any decrease in crime. the other thing is the term assault weapons, of course, is arbitrary. what the advocates of voelz of restrictions say is that any weapon, any semiautomatic rifle that has a military style design and a detachable magazine and certain other features should be classed as an assault weapons ban and restricted. the trick is how do you do tha
especially if vice president joe biden and this inter-agency task force with muster enough support for it? >> it may be that there's more interest in a high capacity magazine ban. now, of course, it's interesting to hear a republican like kay bailey hutchison saying she's willing to look at that time. of course, she's leaving the senate. we haven't heard a lot of talk about high capacity megazeenz from other republicans who will be around. so, you know, the two things, that may have more...
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Dec 28, 2012
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senator daniel in a the swearing-in took place yesterday with joe biden. brian schatz becomes the senior senator with the new congress being formed on january the third. on the independent line -- jack on the independent line. caller: good morning. i bet a co-worker that we are going over the fiscal cliff. it is more of a slope than a cliff. it would be a year of complete in activity before we would see the real bite of everything, all of the doom that is being forecasted. i am reminded of erskine bowles and alan simpson. about three weeks ago or four weeks ago, they met with the president and members of congress and discuss their feelings afterwards with the press. erskine bowles said he felt there was a third of a chance that there would be a deal and a third of a chance no deal and a third there would be no deal until after we went past the january 1 deadline. i bet my co-worker the $5 that we were going over because i am thinking if you cannot get a deal for to the house on $1 million and above, to the tax policy center released a report about that abo
senator daniel in a the swearing-in took place yesterday with joe biden. brian schatz becomes the senior senator with the new congress being formed on january the third. on the independent line -- jack on the independent line. caller: good morning. i bet a co-worker that we are going over the fiscal cliff. it is more of a slope than a cliff. it would be a year of complete in activity before we would see the real bite of everything, all of the doom that is being forecasted. i am reminded of...
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Dec 26, 2012
12/12
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so went to the front of the airplane to senator obama and senator biden had been newly selected as his running mate. he said i thi i am reasonably smart. it took me like six months to figure out how to be a presidential candidate, how to deal with the stop light, how to deal with the national politics. she may be the smartest politician ever and she may be able to come out of alaska to handle all of this. but i will give her three weeks. three weeks to the day, she did her interview with katie couric, which effectively ended it for her. [laughter] i thought that they might make a conservative choice, someone who had at least a taste of the national stage or, which was more of a consensus in the political committee, that he might take rob portman from ohio because ohio is so important. portman was a guy who is a center-right conservative, who might be more broad. i think barack was surprised by the jurors. what do you think for men could have changed -- surprised by the choice. >> do you think portman could have changed the outcome? >> i don't know. there is a lot of reflection on that
so went to the front of the airplane to senator obama and senator biden had been newly selected as his running mate. he said i thi i am reasonably smart. it took me like six months to figure out how to be a presidential candidate, how to deal with the stop light, how to deal with the national politics. she may be the smartest politician ever and she may be able to come out of alaska to handle all of this. but i will give her three weeks. three weeks to the day, she did her interview with katie...
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Dec 26, 2012
12/12
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keep the camera rolling, actually, because this interview has just been interrupted by vice president biden coming over our heads and wrecking his wife's interview. it's lots of things. all waking up. ♪ becoming part of the global phenomenon we call the internet of everything. ♪ trees will talk to networks will talk to scientists about climate change. cars will talk to road sensors will talk to stoplights about traffic efficiency. the ambulance will talk to patient records will talk to doctors about saving lives. it's going to be amazing. and exciting. and maybe, most remarkably, not that far away. the next big thing? we're going to wake the world up. ♪ and watch, with eyes wide, as it gets to work. ♪ cisco. >>> of all the people i interviewed this year, no one was as divisive and despised as iran's president mahmoud ahmadinejad. his answers were elusive, infuriating and fascinating. i asked what he thinks about israel and then i asked other world leaders what they think about him. >> looking live at new york city, home of the united nations, world leaders from 193 countries are gat
keep the camera rolling, actually, because this interview has just been interrupted by vice president biden coming over our heads and wrecking his wife's interview. it's lots of things. all waking up. ♪ becoming part of the global phenomenon we call the internet of everything. ♪ trees will talk to networks will talk to scientists about climate change. cars will talk to road sensors will talk to stoplights about traffic efficiency. the ambulance will talk to patient records will talk to...
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Dec 28, 2012
12/12
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CSPAN2
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we had meetings with the vicead president, biden and cantor. cantor walked out of those meetings. he's the majority leader in the house. we had the gang of six, the gang of eight.we h we had this supercommittee, and they were doing good things, good things, dealing with spite elements and revenues -- entitlements and revenues.ents and a week before they were to report by virtue of statute, i get a letter signed by virtually every republican, too bad about the supercommittee, we're not going to do anything with revenues. so this is not a p n capsule ofa couch l of days. -- capsule of a couple of days. this has been going on for years. they cannot cross over theer threshold that has been built by grover norquist. people who are rich, who make a lot of money, they're not opposing the raising of taxes on them. i the only people in america who don't think taxes should be raised on the rich are the republicans who work in this building. so anytime the speaker and thee republican leader come to the president and say we've got a deal for you, the president's door's always open, and mine i
we had meetings with the vicead president, biden and cantor. cantor walked out of those meetings. he's the majority leader in the house. we had the gang of six, the gang of eight.we h we had this supercommittee, and they were doing good things, good things, dealing with spite elements and revenues -- entitlements and revenues.ents and a week before they were to report by virtue of statute, i get a letter signed by virtually every republican, too bad about the supercommittee, we're not going to...
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Dec 29, 2012
12/12
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the second term be spending more time out raising money for other democrats or maybe vice president biden if he decides to run rather than being in the white house doing the work that he was elected to do? caller: i believe if a president -- if president obama is out there campaigning, he's doing it for the american people, simple as that. guest: the caller hit some important point. campaigning is very much a means to an end. presidents don't capability -- campaign cause they don't do their job. they believe it will help them do their job more effective. and campaigning, a president with a second term can get closer to that more perfect union. they're in a stronger position to intact his priorities. so it's certainly the case that campaigning is part of the process. and if hamilton were here today, who knows what he would say but perhaps he could echo the sentments that he would keep the presidents in closer touch with the people. one thing is spending too much time in a white house or being out of touch with the people so when presidents are taking their case to the people, you could arg
the second term be spending more time out raising money for other democrats or maybe vice president biden if he decides to run rather than being in the white house doing the work that he was elected to do? caller: i believe if a president -- if president obama is out there campaigning, he's doing it for the american people, simple as that. guest: the caller hit some important point. campaigning is very much a means to an end. presidents don't capability -- campaign cause they don't do their...
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Dec 30, 2012
12/12
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let's talk about some, joe biden, for example, gets a raise 225 to now $231,000. we move on to a couple of others, if we can spin through to give you an example. john boehner increase of $1,000, so they're not enormous raises, they are fairly mottdest, right, peter? >> they are fairly modest, it affects not only congress, but the supreme court justices and also includes senior executives in the executive branch. the cost of this, according to the congressional budget office, is going to be about 1 billion dollars a year with this increase for senior executives in government. so, literally, think about this. they're talking about the fiscal cliff, they're talking about raising taxes and cutting spending. the only thing that's been accomplished thus far is to raise spending by about a billion dollars a year. >> dave: i think in particular rubs americans the wrong way when they see this, members of congress average salary, 174,000. average american, $48,000. that's on top of the fact that we see all the time, they take off, these long recesses and oh, by the way not
let's talk about some, joe biden, for example, gets a raise 225 to now $231,000. we move on to a couple of others, if we can spin through to give you an example. john boehner increase of $1,000, so they're not enormous raises, they are fairly mottdest, right, peter? >> they are fairly modest, it affects not only congress, but the supreme court justices and also includes senior executives in the executive branch. the cost of this, according to the congressional budget office, is going to...
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Dec 27, 2012
12/12
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angelina jolie and bob dole, sandra bullock and joe biden, julia roberts and hillary clinton, madonna and colin powell. >> oh, lord, all those twosomes are unusual indeed. [sighs] and i am blanking on what thispc possibly could be. meredith, i'm question. meredith: no problem. question out of play. let's see the correct answer. julia roberts and hillary clinton. >> ok. meredith: now let's see what you jumped over. all the money's on the board. it could be any amount here. $1,000. not the worst-case scenario by any means. not bad. meredith: and by jumping over that money, you are one question closer to the million, now just 13 questions away."ancient tren "ancient trends" is the next category. finding 57 of them preserved on a 5,300-year-old mummy, scientists had to rethink the origins of what body decoration? tattoos, bracelets, piercings, necklaces. >> ha ha ha! tattoos. that makes sense if that's on a mummy. piercings would, too. my goodness. i'm not getting this one, either, meredith. i'm gonna have to jump this question. meredith: ok, we're gonna jump again. it's out of play. the
angelina jolie and bob dole, sandra bullock and joe biden, julia roberts and hillary clinton, madonna and colin powell. >> oh, lord, all those twosomes are unusual indeed. [sighs] and i am blanking on what thispc possibly could be. meredith, i'm question. meredith: no problem. question out of play. let's see the correct answer. julia roberts and hillary clinton. >> ok. meredith: now let's see what you jumped over. all the money's on the board. it could be any amount here. $1,000....
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in joe biden's language, will the fever break by the time the president is sworn in again for his second term? because if it doesn't, then whatever you see in the first week of trading now is going to be nothing, nothing compared to how global markets will react come the end of january. >> there's obviously a new congress coming in. does the composition in the new congress, can anybody figure out what happens there? >> well, i mean, numerically, it's more favorable to democrats, right? the house will still be controlled by john boehner. so you still have that divided congress. but the calculation is not, you know, a numerical one. it's the idea that if they go home -- first if they go home for christmas break, they'd feel the pressure, but it doesn't seem like that's coming. if they go over the cliff and they do mess with the debt ceiling, that people are going to get freaked and spooked because you'll start hearing stories about social security recipients facing the prospect of smaller checks from the government, unemployment insurance completely dried up, payroll tax cut is a big thing
in joe biden's language, will the fever break by the time the president is sworn in again for his second term? because if it doesn't, then whatever you see in the first week of trading now is going to be nothing, nothing compared to how global markets will react come the end of january. >> there's obviously a new congress coming in. does the composition in the new congress, can anybody figure out what happens there? >> well, i mean, numerically, it's more favorable to democrats,...